Page 49 - 4188
P. 49

47

                  linked  with  common  goals  of  the  organisation  and  achieves  clear
                  economic value.  Knowledge sharing, is about contribution, respect for
                  others’  opinions  and  views,  as  long  as  all  stakeholders  are  able  to
                  visualise the positive influences of information and appreciate the best

                  way  to  practice  using  information;  information  can  be  effectively  and
                  profitably transferred into knowledge.
                         It  is  also  important  to  incorporate  lessons  learnt  form  the  entire

                  chain  of  events  that  are  always  happening  in  the  organisation.    This
                  could  be  obtained  from  customer  feedback,  product  design,  delivery
                  channels  and  packaging,  etc.    An  organisation  can  only  retain  its
                  position  and  be  strong  in  the  competitive  global  market  only  if  it

                  corporate this into its business workflow and strives to improve on its
                  strength continuously.
                         The most direct source of valuable information to the organisation

                  is from the customers.  If the customers’ feedback is captured and the
                  necessary lessons learnt, it can be incorporated into its current business
                  workflow. This shows that the organisation is concerned and cares about

                  its  customers.    It  is  also  important  to  foster  a  closer  employee-to-
                  customer  relationship.  This  will  eventually  grow  into  an  everlasting
                  bond  that  helps  the  organisation  to  be  effective  in  capturing  its

                  intangible asset.

                      ASSIGNMENTS
                  1.  What areas are included in the public intellectual capital?

                  2.  What are the main components of corporate capital?
   44   45   46   47   48   49   50   51   52   53   54